SAN DIEGO, CA, Nov. 5, 2014 – Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today announced it has become a national partner of the Jump$tart Coalition for Personal Financial Literacy. The organization’s mission is to educate and prepare US youth for life-long financial success through financial literacy education.
“Jump$tart works to ensure that financial literacy is an ongoing part of children’s education from early age through graduation,” said Marianne Campbell, Encore Capital Group’s director of social responsibility. “We find that too often, kids do not get the information they need to understand and manage adult financial responsibilities. Our sponsorship supports Jump$tart Coalition’s mission to provide meaningful financial education to all kids.”
Encore Capital Group is an international specialty finance company that partners with US and international consumers to repay their delinquent consumer and property debt. The company’s success is fueled by its demonstrated commitment to conducting business in ways that support consumers’ financial recovery, sophisticated use of analytics, and significant investments in data and behavioral science.
In 2011, the company unveiled the industry’s first and only Consumer Bill of Rights, which codifies its commitment to respectful consumer treatment. Additionally, Encore’s Consumer Credit Research Institute partners with leading universities and non-profit organizations to understand financially distressed consumer behavior, so it can create and manage programs that provide significant, measurable benefits to consumers. Encore Capital Group is committed to Jump$tart’s goal of advancing financial literacy among our nation’s students.
About Encore Capital Group, Inc.
Encore Capital Group, an international specialty finance company with operations spanning seven countries, provides debt recovery solutions for consumers and property owners across a broad range of assets. Through its subsidiaries, Encore Capital Group purchases portfolios of consumer receivables from major banks, credit unions, municipalities, and utility providers, and partners with individuals as they repay their obligations and work toward financial recovery.
Headquartered in San Diego, Encore is a publicly traded NASDAQ Global Select company (ticker symbol: ECPG) and a component stock of the Russell 2000, the S&P Small Cap 600, and the Wilshire 4500. More information about the company can be found at www.encorecapital.com. More information about the Company’s Cabot Credit Management subsidiary can be found at www.cabotcm.com. These websites, and the information contained therein, are not incorporated into and are not a part of this press release.